RBZ Boss charged with criminal abuse of office

Reserve Bank of Zimbabwe Director of in charge financial intelligence Mirirai Chiremba was on Wednesday arrested and formally charged with an allegation of criminal abuse of office for irregularly increasing daily cash withdrawal limit of a gold dealer.

He was freed on $6,000 bail and remanded to January 10.

Chiremba was suspended after Gerald Mutumanje , the former chairman of the Ministry of Finance communications taskforce accused senior RBZ officials of running a foreign currency cartel at the central bank.